Monness Crespi & Hardt Increases Hasbro (NASDAQ:HAS) Price Target to $120.00

Hasbro (NASDAQ:HAS) had its price objective boosted by research analysts at Monness Crespi & Hardt from $90.00 to $120.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Monness Crespi & Hardt’s price target would indicate a potential upside of 18.15% from the company’s current price.

Other equities analysts have also issued reports about the stock. Citigroup boosted their target price on shares of Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a report on Thursday. UBS Group reiterated a “buy” rating on shares of Hasbro in a report on Wednesday. DA Davidson boosted their price objective on shares of Hasbro from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday. Wall Street Zen upgraded shares of Hasbro from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Roth Mkm set a $120.00 price objective on shares of Hasbro in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Hasbro currently has a consensus rating of “Moderate Buy” and an average target price of $110.64.

Hasbro Stock Down 4.1%

NASDAQ:HAS opened at $101.57 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.42 and a debt-to-equity ratio of 4.89. Hasbro has a twelve month low of $49.00 and a twelve month high of $106.98. The company has a market cap of $14.25 billion, a PE ratio of -43.22, a P/E/G ratio of 1.86 and a beta of 0.56. The company’s 50 day moving average is $87.08 and its two-hundred day moving average is $80.91.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the prior year, the company earned $0.46 earnings per share. The company’s revenue was up 31.3% on a year-over-year basis. Analysts anticipate that Hasbro will post 4.33 EPS for the current year.

Institutional Investors Weigh In On Hasbro

Hedge funds and other institutional investors have recently bought and sold shares of the business. Huntington National Bank increased its stake in Hasbro by 10.2% in the 4th quarter. Huntington National Bank now owns 1,233 shares of the company’s stock valued at $101,000 after purchasing an additional 114 shares in the last quarter. Personal CFO Solutions LLC raised its position in Hasbro by 3.9% during the fourth quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock worth $301,000 after acquiring an additional 137 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Hasbro by 6.4% in the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock valued at $186,000 after purchasing an additional 137 shares in the last quarter. United Capital Financial Advisors LLC grew its position in shares of Hasbro by 2.2% in the third quarter. United Capital Financial Advisors LLC now owns 6,500 shares of the company’s stock valued at $493,000 after purchasing an additional 139 shares during the last quarter. Finally, Clarius Group LLC increased its stake in shares of Hasbro by 0.6% during the 3rd quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock worth $1,766,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Earnings beat and strong revenue helped momentum — Hasbro reported stronger-than-expected results and shares recently hit a one-year high after the report. Article Title
• Positive Sentiment: Magic: The Gathering remains a major growth engine — reports cite ~US$1.7B revenue for MTG and significant contribution to Hasbro’s revenue growth. Article Title
• Positive Sentiment: Multiple analyst upgrades/price-target raises signal buy-side confidence — Morgan Stanley raised its target to $119, JPMorgan to $115, and Monness Crespi & Hardt to $120, each maintaining bullish ratings. These raise upside expectations vs. the current price. Morgan Stanley JPMorgan/Benzinga Monness Crespi & Hardt
• Positive Sentiment: CEO and media commentary emphasize digital/gaming pivot — management highlights growth in Wizards of the Coast and digital initiatives as durable drivers. AOL CEO Interview Yahoo Finance Video
• Neutral Sentiment: Data on short interest appears inconsistent (reported as 0 shares with NaN changes) — likely a reporting glitch; not meaningful for trade decisions until clarified.
• Neutral Sentiment: Market commentary noted Hasbro’s outperformance vs. peers (Mattel) on the digital pivot — useful context but not a direct catalyst. Reuters
• Negative Sentiment: New lawsuit alleges Hasbro overprinted Magic: The Gathering cards — legal risk could raise concerns about product scarcity, brand perception and future collector-market pricing. IndyStar
• Negative Sentiment: Some short/negative commentary flags consumer stocks as at risk this quarter — headline risk could amplify volatility even if fundamentals remain intact. Benzinga

Hasbro Company Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.